{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/59.1-394.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/59.1-394.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/59.1-394.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/59.1-394.html"}],"law_id":60086,"edition_id":1,"section_id":60086,"structure_id":13337,"section_number":"59.1-394","catch_line":"Audit required","history":"1988, c. 855; 2018, cc. 57, 307.","full_text":"A regular post-audit shall be conducted of all accounts and transactions of the Commission. An audit of a fiscal and compliance nature of the accounts and transactions of the Commission shall be conducted by the Auditor of Public Accounts as determined necessary by the Auditor of Public Accounts. The cost of the audit and post-audit examinations shall be borne by the Commission.","order_by":null,"text":{"0":{"id":219894,"text":"A regular post-audit shall be conducted of all accounts and transactions of the Commission. An audit of a fiscal and compliance nature of the accounts and transactions of the Commission shall be conducted by the Auditor of Public Accounts as determined necessary by the Auditor of Public Accounts. The cost of the audit and post-audit examinations shall be borne by the Commission.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13337,"edition_id":1,"name":"Taxation and Audit","identifier":"5","label":"article","depth":3,"order_by":1,"parent_id":13336,"metadata":{},"date_created":"2026-06-26 03:44:40","date_modified":"2026-06-26 03:44:40","permalink":{"id":261181,"object_type":"structure","relational_id":13337,"identifier":"5","token":"59.1\/29\/5","url":"\/59.1\/29\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13336,"edition_id":1,"name":"Horse Racing and Pari-Mutuel Wagering","identifier":"29","label":"chapter","depth":2,"order_by":1,"parent_id":12809,"metadata":{},"date_created":"2026-06-26 03:44:40","date_modified":"2026-06-26 03:44:40","permalink":{"id":261047,"object_type":"structure","relational_id":13336,"identifier":"29","token":"59.1\/29","url":"\/59.1\/29\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12809,"edition_id":1,"name":"Trade and Commerce","identifier":"59.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:54","date_modified":"2026-06-26 03:43:54","permalink":{"id":259521,"object_type":"structure","relational_id":12809,"identifier":"59.1","token":"59.1","url":"\/59.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":59836,"structure_id":13337,"section_number":"59.1-392","catch_line":"Percentage retained; tax","url":"\/59.1-392\/","token":"59.1\/29\/5\/59.1-392","metadata":false},{"id":65648,"structure_id":13337,"section_number":"59.1-392.1","catch_line":"Advance deposit account wagering revenues; distribution","url":"\/59.1-392.1\/","token":"59.1\/29\/5\/59.1-392.1","metadata":false},{"id":54320,"structure_id":13337,"section_number":"59.1-393","catch_line":"Admissions tax","url":"\/59.1-393\/","token":"59.1\/29\/5\/59.1-393","metadata":false},{"id":60086,"structure_id":13337,"section_number":"59.1-394","catch_line":"Audit required","url":"\/59.1-394\/","token":"59.1\/29\/5\/59.1-394","metadata":false}],"previous_section":{"id":54320,"structure_id":13337,"section_number":"59.1-393","catch_line":"Admissions tax","url":"\/59.1-393\/","token":"59.1\/29\/5\/59.1-393","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/59.1-394\/","history_text":"

This law was first created in 1988. The record of its establishment is cataloged in chapter 855 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1988 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2018, chapters 57<\/a> and 307<\/a>.<\/p>","references":[{"id":68989,"section_number":"59.1-369","catch_line":"Powers and duties of the Commission","order_by":null,"url":"\/59.1-369\/"}],"refers_to":false,"permalink":{"id":261195,"object_type":"law","relational_id":60086,"identifier":"59.1-394","token":"59.1\/29\/5\/59.1-394","url":"\/59.1-394\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/59.1-394\/","token":"59.1\/29\/5\/59.1-394","dublin_core":{"Title":"Audit required","Type":"Text","Format":"text\/html","Identifier":"\u00a7 59.1-394","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A regular post-audit shall be conducted of all accounts and transactions of the Commission<\/span>. An audit of a fiscal and compliance nature of the accounts and transactions of the Commission<\/span> shall be conducted by the Auditor of Public Accounts as determined necessary by the Auditor of Public Accounts. The cost of the audit and post-audit examinations shall be borne by the Commission<\/span>.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nAUDIT REQUIRED (\u00a7 59.1-394)\n\nA regular post-audit shall be conducted of all accounts and transactions of the\nCommission. An audit of a fiscal and compliance nature of the accounts and\ntransactions of the Commission shall be conducted by the Auditor of Public\nAccounts as determined necessary by the Auditor of Public Accounts. The cost of\nthe audit and post-audit examinations shall be borne by the Commission.\n\nHISTORY: 1988, c. 855; 2018, cc. 57, 307.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}